Vault-13

VANGUARD SCOTTSDALE FDS VCSH

SHRT TRM CORP BD · ETP · CUSIP 92206C409

1,299 institutional holders +70 vs Q3 2023
357,666,055357.7m shares reported held*
$26.6bnreported value*
67 new 403 added 585 reduced 86 sold out net bought ≈ $181.0m (+12.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($32.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $74.30. Options: 2 managers hold calls ($2.4m notional), 1 hold puts ($332.7k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,243Q4 22: 1,288Q1 23: 1,252Q2 23: 1,239Q3 23: 1,229Q4 23: 1,2991,299Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,243
Q4 20221,288
Q1 20231,252
Q2 20231,239
Q3 20231,229
Q4 20231,299

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ4 22: 462 bought or addedQ4 22: 699 cut or sold outQ4 22Q1 23: 551 bought or addedQ1 23: 625 cut or sold outQ1 23Q2 23: 524 bought or addedQ2 23: 641 cut or sold outQ2 23Q3 23: 503 bought or addedQ3 23: 633 cut or sold outQ3 23Q4 23: 470 bought or addedQ4 23: 671 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022462699
Q1 2023551625
Q2 2023524641
Q3 2023503633
Q4 2023470671

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ1 23 calls: $1.6mQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $2.5mQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $1.1mQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $2.4mQ4 23 puts: $332.7kQ4 23P/C 0.14
Numbers
QuarterCallsPutsP/C
Q1 2023$1.6m$00.00
Q2 2023$2.5m$00.00
Q3 2023$1.1m$00.00
Q4 2023$2.4m$332.7k0.14

Biggest buyers

MORGAN STANLEY Added +17,715,805+17.7m
INTERACTIVE FINANCIAL ADVISORS, INC. Added +14,430,717+14.4m
JPMORGAN CHASE & CO Added +9,087,955+9.1m
BNP PARIBAS FINANCIAL MARKETS Added +2,430,983+2.4m
Public Sector Pension Investment Board Added +1,625,000+1.6m
American Family Insurance Mutual Holding Co Added +1,300,000+1.3m
iA Global Asset Management Inc. Added +1,190,884+1.2m
D. E. Shaw & Co., Inc. New +942,200+942.2k
Point72 Asset Management, L.P. New +750,000+750.0k
Cerity Partners LLC Added +737,077+737.1k

Biggest sellers

US BANCORP \DE\ Reduced -14,445,738-14.4m
BANK OF AMERICA CORP /DE/ Reduced -9,745,794-9.7m
BANK OF KOREA Reduced -2,614,224-2.6m
Strategic Investment Solutions, Inc. /IL Reduced -2,293,598-2.3m
GRIMES & Co WEALTH MANAGEMENT, LLC Reduced -2,146,441-2.1m
PRUDENTIAL PLC Reduced -1,611,033-1.6m
BlackRock Inc. Reduced -507,776-507.8k
KING STREET CAPITAL MANAGEMENT, L.P. Sold out -490,000-490.0k
Busey Bank Reduced -484,828-484.8k
NATIONAL BANK OF CANADA /FI/ Reduced -472,274-472.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.4m30.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $332.7k4.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.43% of their portfolio CHARLOTTE, NC 49,056,44249.1m $3.8bn $3.8bn 0.43% Reduced -9.7m -9,745,794
2 MORGAN STANLEY 0.12% of their portfolio NEW YORK, NY 36,424,28436.4m $2.8bn $2.8bn 0.12% Added +17.7m +17,715,805
3 Japan Science & Technology Agency 19.99% of their portfolio TOKYO, M0 23,657,39823.7m $1.8bn $1.8bn 19.99% Unchanged
4 PRUDENTIAL PLC 18.84% of their portfolio LONDON, X0 22,879,06822.9m $1.8bn $1.8bn 18.84% Reduced -1.6m -1,611,033
5 JPMORGAN CHASE & CO 0.07% of their portfolio NEW YORK, NY 17,548,25017.5m $1.4bn $1.4bn 0.07% Added +9.1m +9,087,955
6 INTERACTIVE FINANCIAL ADVISORS, INC. 7.73% of their portfolio New Lenox, IL 14,434,15614.4m $14.4m $14.4m 7.73% Added +14.4m +14,430,717
7 ENVESTNET ASSET MANAGEMENT INC 0.24% of their portfolio Berwyn, PA 7,630,3777.6m $590.4m $590.4m 0.24% Reduced -361.1k -361,052
8 WELLS FARGO & COMPANY/MN 0.16% of their portfolio SAN FRANCISCO, CA 7,160,2127.2m $554.0m $554.0m 0.16% Reduced -391.1k -391,083
9 ROYAL BANK OF CANADA 0.12% of their portfolio TORONTO, A6 6,130,7686.1m $474.3m $474.3m 0.12% Reduced -367.8k -367,806
10 UBS Group AG 0.17% of their portfolio ZURICH, V8 5,452,0795.5m $421.8m $421.8m 0.17% Added +460.3k +460,257
11 Public Sector Pension Investment Board 3.06% of their portfolio MONTREAL, A8 5,200,0005.2m $402.3m $402.3m 3.06% Added +1.6m +1,625,000
12 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 4,606,8544.6m $356.4m $356.4m 0.01% Reduced -38.2k -38,236
13 American Family Insurance Mutual Holding Co 23.62% of their portfolio MADISON, WI 4,181,0004.2m $323.5m $323.5m 23.62% Added +1.3m +1,300,000
14 NEPC LLC 14.86% of their portfolio Boston, MA 3,470,3823.5m $268.5m $268.5m 14.86% Added +92.1k +92,125
15 MERCER GLOBAL ADVISORS INC /ADV 0.76% of their portfolio DENVER, CO 3,263,0263.3m $252.5m $252.5m 0.76% Reduced -101.9k -101,896
16 Financial Engines Advisors L.L.C. 0.54% of their portfolio SANTA CLARA, CA 2,963,1763.0m $229.3m $229.3m 0.54% Reduced -65.0k -65,047
17 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 2,694,6222.7m $208.5m $208.5m 0.04% Added +8.6k +8,567
18 BNP PARIBAS FINANCIAL MARKETS 0.37% of their portfolio PARIS, I0 2,655,7122.7m $205.5m $205.5m 0.37% Added +2.4m +2,430,983
19 Carlson Capital Management 10.04% of their portfolio NORTHFIELD, MN 2,529,0272.5m $195.7m $195.7m 10.04% Added +91.2k +91,214
20 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 2,421,7142.4m $187.4m $187.4m 0.11% Reduced -54.2k -54,222
21 Varma Mutual Pension Insurance Co 1.89% of their portfolio Varma, H9 2,180,0002.2m $168.7m $168.7m 1.89% Reduced -300.0k -300,000
22 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 2,097,0222.1m $162.2m $162.2m 0.04% Reduced -76.0k -76,011
23 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 5.18% of their portfolio Seattle, WA 1,971,7882.0m $152.6m $152.6m 5.18% Added +16.4k +16,376
24 Fisher Asset Management, LLC 0.08% of their portfolio PLANO, TX 1,908,7351.9m $147.7m $147.7m 0.08% Reduced -64.2k -64,158
25 Corient Private Wealth LP 0.26% of their portfolio MIAMI, FL 1,842,5121.8m $142.6m $142.6m 0.26% Added +20.1k +20,126
26 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,821,7591.8m $141.0m $141.0m 0.04% Reduced -264.1k -264,070
27 BANK OF KOREA 50.17% of their portfolio SEOUL, M5 1,750,0001.8m $135.4m $135.4m 50.17% Reduced -2.6m -2,614,224
28 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.08% of their portfolio Toronto, A6 1,643,2331.6m $127.1m $127.1m 0.08% Reduced -19.8k -19,807
29 RiverFront Investment Group, LLC 3.64% of their portfolio RICHMOND, VA 1,499,1791.5m $116.0m $116.0m 3.64% Reduced -24.6k -24,566
30 iA Global Asset Management Inc. 2.57% of their portfolio QUEBEC, A8 1,436,4791.4m $111.1m $111.1m 2.57% Added +1.2m +1,190,884
31 Valeo Financial Advisors, LLC 3.40% of their portfolio CARMEL, IN 1,434,3191.4m $84.3m $84.3m 3.40% Reduced -123.8k -123,815
32 KEYBANK NATIONAL ASSOCIATION/OH 0.45% of their portfolio BROOKLYN, OH 1,307,8361.3m $101.2m $101.2m 0.45% Added +7.8k +7,775
33 Raymond James Financial Services Advisors, Inc. 0.16% of their portfolio ST. PETERSBURG, FL 1,280,9091.3m $99.1m $99.1m 0.16% Reduced -150.7k -150,690
34 MATHER GROUP, LLC. 1.55% of their portfolio CHICAGO, IL 1,273,4391.3m $98.5m $98.5m 1.55% Added +71.1k +71,056
35 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 1.17% of their portfolio Madrid, U3 1,272,4531.3m $98.6m $98.6m 1.17% Added +543 +543
36 Strategic Financial Services, Inc. 6.81% of their portfolio UTICA, NY 1,253,0581.3m $96.9m $96.9m 6.81% Added +2.6k +2,633
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.11% of their portfolio MILWAUKEE, WI 1,234,3221.2m $95.5m $95.5m 0.11% Reduced -286.0k -286,014
38 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,218,7751.2m $94.3m $94.3m 0.02% Reduced -124.2k -124,241
39 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 1,207,6091.2m $93.5m $93.5m 0.03% Added +8.0k +7,969
40 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 1,165,9301.2m $90.2m $90.2m 0.16% Reduced -45.8k -45,833
41 Cerity Partners LLC 0.30% of their portfolio NEW YORK, NY 1,165,6771.2m $90.2m $90.2m 0.30% Added +737.1k +737,077
42 First Financial Bankshares Inc 1.91% of their portfolio Abilene, TX 1,025,2931.0m $79.3m $79.3m 1.91% First filing
43 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.87% of their portfolio New York, NY 972,374972.4k $75.2m $75.2m 0.87% Unchanged
44 Steele Capital Management, Inc. 4.82% of their portfolio DUBUQUE, IA 956,989957.0k $74.0m $74.0m 4.82% First filing
45 Intelligence Driven Advisers, LLC 11.96% of their portfolio CARLSBAD, CA 953,582953.6k $74.0m $74.0m 11.96% Added +83.4k +83,438
46 D. E. Shaw & Co., Inc. 0.11% of their portfolio New York, NY 942,200942.2k $72.9m $72.9m 0.11% New
47 RW Investment Management LLC 10.79% of their portfolio Eagle, ID 915,075915.1k $70.8m $70.8m 10.79% Added +70.0k +69,968
48 COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio WALTHAM, MA 823,790823.8k $63.7m $63.7m 0.12% Reduced -148.6k -148,610
49 Smithfield Trust Co 3.48% of their portfolio PITTSBURGH, PA 801,917801.9k $62.0m $62.0m 3.48% Added +3.9k +3,857
50 Advisory Alpha, LLC 2.83% of their portfolio HOLLAND, MI 799,469799.5k $61.9m $61.9m 2.83% Reduced -28.4k -28,394
51 Total Wealth Planning, LLC 11.11% of their portfolio CINCINNATI, OH 791,706791.7k $61.3m $61.3m 11.11% Added +615 +615
52 Liquid Strategies, LLC 15.06% of their portfolio ATLANTA, GA 791,153791.2k $61.2m $61.2m 15.06% Added +11.5k +11,548
53 Private Ocean, LLC 6.03% of their portfolio SAN RAFAEL, CA 784,225784.2k $60.7m $60.7m 6.03% Added +187.1k +187,070
54 Bartlett & Co. LLC 0.97% of their portfolio CINCINNATI, OH 775,645775.6k $60.0m $60.0m 0.97% Added +7.9k +7,858
55 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.97% of their portfolio CINCINNATI, OH 775,645775.6k $60.0m $60.0m 0.97% Added +7.9k +7,858
56 Retirement Systems of Alabama 0.25% of their portfolio MONTGOMERY, AL 752,165752.2k $58.2m $58.2m 0.25% Unchanged
57 Point72 Asset Management, L.P. 0.18% of their portfolio STAMFORD, CT 750,000750.0k $58.0m $58.0m 0.18% New
58 SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio London, X0 749,551749.6k $58.0m $58.0m 0.08% Reduced -29.1k -29,139
59 BEACON INVESTMENT ADVISORY SERVICES, INC. 2.60% of their portfolio MORRISTOWN, NJ 739,955740.0k $57.3m $57.3m 2.60% Reduced -262.5k -262,460
60 Hilton Capital Management, LLC 6.02% of their portfolio Garden City, NY 726,446726.4k $56.2m $56.2m 6.02% Reduced -747 -747
61 PrairieView Partners, LLC 6.79% of their portfolio ST. PAUL, MN 711,071711.1k $55.0m $55.0m 6.79% Reduced -4.9k -4,898
62 STEPHENS INC /AR/ 0.92% of their portfolio LITTLE ROCK, AR 686,144686.1k $53.1m $53.1m 0.92% Reduced -2.5k -2,462
63 NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio MONTREAL, A8 677,903677.9k $52.3m $52.3m 0.09% Reduced -472.3k -472,274
64 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.09% of their portfolio BALA CYNWYD, PA 670,663670.7k $51.9m $51.9m 0.09% Added +659.6k +659,585
65 TD PRIVATE CLIENT WEALTH LLC 1.87% of their portfolio NEW YORK, NY 669,081669.1k $51.8m $51.8m 1.87% Reduced -105.0k -105,005
66 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 660,477660.5k $51.1m $51.1m 0.05% New
67 BRANDYWINE OAK PRIVATE WEALTH LLC 5.66% of their portfolio Kennett Square, PA 656,985657.0k $50.8m $50.8m 5.66% Reduced -1.5k -1,497
68 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 10.69% of their portfolio NEWTOWN, PA 643,177643.2k $49.8m $49.8m 10.69% Reduced -27.2k -27,247
69 Busey Bank 1.89% of their portfolio URBANA, IL 634,847634.8k $49.1m $49.1m 1.89% Reduced -484.8k -484,828
70 Arkos Global Advisors 8.94% of their portfolio HOUSTON, TX 634,071634.1k $49.1m $49.1m 8.94% Reduced -185.3k -185,303
71 BlueSky Wealth Advisors, LLC 9.00% of their portfolio New Bern, NC 625,833625.8k $48.4m $48.4m 9.00% Added +11.1k +11,096
72 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 621,992622.0k $48.1m $48.1m 0.04% Added +1.3k +1,305
73 Members Trust Co 1.37% of their portfolio TAMPA, FL 621,857621.9k $48.1m $48.1m 1.37% Unchanged
74 Creative Planning 0.09% of their portfolio OVERLAND PARK, KS 606,991607.0k $47.0m $47.0m 0.09% Reduced -28.2k -28,176
75 Lutz Financial Services LLC 4.29% of their portfolio OMAHA, NE 590,714590.7k $45.7m $45.7m 4.29% Added +35.6k +35,644
76 OAKWORTH CAPITAL, INC. 3.66% of their portfolio BIRMINGHAM, AL 589,716589.7k $45.6m $45.6m 3.66% Added +575.4k +575,448
77 Rappaport Reiches Capital Management, LLC 16.55% of their portfolio SKOKIE`, IL 584,557584.6k $45.2m $45.2m 16.55% Added +43.9k +43,863
78 DAVENPORT & Co LLC 0.31% of their portfolio RICHMOND, VA 582,815582.8k $45.1m $45.1m 0.31% Added +5.9k +5,938
79 Modera Wealth Management, LLC 0.74% of their portfolio WESTWOOD, NJ 581,600581.6k $45.0m $45.0m 0.74% Reduced -2.9k -2,893
80 CONNABLE OFFICE INC 5.40% of their portfolio KALAMAZOO, MI 577,096577.1k $44.6m $44.6m 5.40% Reduced -4.4k -4,437
81 Rockbridge Investment Management, LCC 6.58% of their portfolio Syracuse, NY 555,690555.7k $43.0m $43.0m 6.58% Added +27.6k +27,562
82 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 552,539552.5k $42.8m $42.8m 0.07% Reduced -19.8k -19,763
83 Mariner, LLC 0.10% of their portfolio Overland Park, KS 551,742551.7k $42.7m $42.7m 0.10% Reduced -17.2k -17,194
84 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 540,367540.4k $41.8m $41.8m 0.05% Added +7.8k +7,801
85 ALBION FINANCIAL GROUP /UT 3.34% of their portfolio SALT LAKE CITY, UT 523,672523.7k $40.5m $40.5m 3.34% Added +16.8k +16,783
86 BCK Partners, Inc. 22.77% of their portfolio Corning, NY 518,466518.5k $40.1m $40.1m 22.77% Added +18.6k +18,572
87 BANK OF NOVA SCOTIA 0.07% of their portfolio TORONTO, A6 517,281517.3k $40.0m $40.0m 0.07% Reduced -5.8k -5,850
88 Zurich Insurance Group Ltd/FI 0.40% of their portfolio ZURICH, V8 512,721512.7k $39.7m $39.7m 0.40% Unchanged
89 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 490,594490.6k $38.0m $38.0m 0.06% Added +1.2k +1,194
90 CWM, LLC 0.20% of their portfolio OMAHA, NE 489,786489.8k $37.9m $37.9m 0.20% Added +31.6k +31,551
91 Capital Investment Services of America, Inc. 3.89% of their portfolio MILWAUKEE, WI 479,988480.0k $37.1m $37.1m 3.89% Added +20.4k +20,350
92 NewEdge Wealth, LLC 0.95% of their portfolio STAMFORD, CT 478,656478.7k $37.0m $37.0m 0.95% Added +113.6k +113,577
93 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 472,495472.5k $36.6m $36.6m 0.04% Added +24.9k +24,920
94 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 451,779451.8k $35.0m $35.0m 0.03% Added +292.1k +292,069
95 Essex LLC 8.68% of their portfolio DEER PARK, IL 450,985451.0k $34.9m $34.9m 8.68% Added +10.4k +10,391
96 Sunburst Financial Group, LLC 10.80% of their portfolio VESTAVIA HILLS, AL 450,830450.8k $34.9m $34.9m 10.80% Added +50.7k +50,703
97 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 2.96% of their portfolio KNOXVILLE, TN 448,593448.6k $34.7m $34.7m 2.96% Added +3.4k +3,399
98 MML INVESTORS SERVICES, LLC 0.16% of their portfolio SPRINGFIELD, MA 440,826440.8k $34.1m $34.1m 0.16% Added +37.0k +37,035
99 PRIVATE MANAGEMENT GROUP INC 1.30% of their portfolio IRVINE, CA 437,694437.7k $33.9m $33.9m 1.30% Reduced -7.0k -7,032
100 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 435,590435.6k $33.7m $33.7m 0.02% Reduced -10.9k -10,887